Sleep Number (SNBR) has a long and storied history. It’s also bankrupt now. Embedded in these charts are some of the cleanest reversal patterns I’ve ever seen. Thus, it’s dead now, As God Intended ™.
Permanently Asleep
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Apollo 12
It’s quite, quite obvious that the thrill and exhalations surrounding rocket companies has been totally spent now that SPCX is public………..sort of 100% precisely like I predicted.
The diminishment has only just begun:
Alphabet Poop
My biggest cash-maker this morning is Google, more formally known as Alphabet (GOOGL). It has broken hard under its small right triangle pattern, and I have no intention of covering.
Uncontrolled Re-Entry
Standard disclaimer: as much as I’d love to see the stock market plunge for, I dunno, every day for the next five years, it is in the best interest of the Knight clan for SPCX to do nothing but go up. As a chartist, however, and a person mildly acquainted with fundamental data, I recognize that this sucker could easily go to $50 in the next year.
The next psychological break will take place at $150, at which time EVERY purchaser of this stock from its IPO day will be in a losing position.
Greenspan Put Expires
Happy new week, everyone. Let us celebrate that we don’t have to deal with a mandatory three-day weekend for – – errr – – well, I guess just a couple of weeks. Sheesh, let’s face it, there are WAY too many holidays for our own good.
Well, the news isn’t all bad.
